Posted on Apr 11, 2018
BLINK: After Trump Tirade, China Pledges To 'Significantly' Lower Tariffs, Protect Intellectual...
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Responses: 8
Thanks for sharing the news that China seems to have blinked in the tariff confrontation CPT Jack Durish. I am certainly glad that Donald Trump is POTUS and not HRC.
FYI COL Mikel J. Burroughs LTC Stephen C. LTC Orlando Illi LTC (Join to see) LTC Ivan Raiklin, Esq. Maj Bill Smith, Ph.D. Capt Seid Waddell Capt Jeff S. MSG Dan Walther MSgt Robert C Aldi SFC Stephen King MSgt Danny Hope SGT Gregory Lawritson Cpl Craig Marton SP5 Mark Kuzinski SGT (Join to see) Maj Marty Hogan
FYI COL Mikel J. Burroughs LTC Stephen C. LTC Orlando Illi LTC (Join to see) LTC Ivan Raiklin, Esq. Maj Bill Smith, Ph.D. Capt Seid Waddell Capt Jeff S. MSG Dan Walther MSgt Robert C Aldi SFC Stephen King MSgt Danny Hope SGT Gregory Lawritson Cpl Craig Marton SP5 Mark Kuzinski SGT (Join to see) Maj Marty Hogan
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Seems to be a trend...should be interesting to see what happens over the next week or so.
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I don't believe they blinked, meaning they gave in, because this won't hurt them much. Most American car makers, like Ford and GM, already make their cars in China for Chinese customers in joint-venture factories. China is GM's biggest market and has been for six years straight, according to the company. The 25% tariff doesn't apply to cars made in China anyway. A far bigger threat to our economy is the agricultural exports to China.
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CPT Jack Durish
You are correct insofar as you went. The greater issue is the respect or lack of it towards intellectual property rights.
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